Macro Musings with David Beckworth cover image

Brad Setser on Addressing the Global Dollar Shortage and COVID-19’s Implications for Worldwide Trade Imbalances

Macro Musings with David Beckworth

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Central Banks Learned From the 2008 Pandemic

I wonder if it might mean that in the future we rely on several countries, not just one country for a vital product like pharmaceuticals. We'll have to wait and see I guess for sure. It would require a fundamental change in US tax. And that would take an act of Congress.

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